Habitations Trigone and Fonds immobilier de solidarité FTQ Team Up on Rental Project Viva-Cité in Sainte-Thérèse

Habitations Trigone and Fonds immobilier de solidarité FTQ Team Up on Rental Project Viva-Cité in Sainte-Thérèse (CNW Group/Fonds immobilier de solidarité FTQ)

SAINTE-THÉRÈSE, QC, Feb. 4, 2016 /CNW Telbec/ - Fonds immobilier de solidarité FTQ is once again teaming up with Habitations Trigone, this time on Viva-Cité, a residential rental development in the heart of Sainte-Thérèse, at the corner of Curé-Labelle and Ducharme.

Slated for completion in July, Viva-Cité Sainte-Thérèse will be built in two phases. Both will consist of a 7-storey building, the first offering 130 apartments and the second consisting of 132 units. The ground floor will house 11 stores and a two-level underground parking. Conveniently located near amenities and green space, including Ducharme Park, the project is part of Espace Sainte-Thérèse, a mixed-use real estate development consisting of several condominium buildings, also built by Habitations Trigone.

"Viva-Cité Sainte-Thérèse is designed for the 55+ crowd. We don't just offer quality apartments but a stimulating living environment with access to a variety of activities tailored to a wide range of interests, as well as an outdoor pool with terrace, a fitness room, a pool room, a multipurpose room, a library and a reception room. Tenants will appreciate our all-inclusive pricing that includes electricity, air conditioning, heating, cable and Internet," said Patrice St-Pierre, President of Habitations Trigone.

"This new residential rental concept targeting active mature adults is very promising and is one of the main reasons we were attracted to this project. As well, its mixed-use vocation will make it a desirable place to live while and at the same time creates over 400 jobs. This new partnership will strengthen our business relationship with Habitations Trigone, which began with the District Concorde project in Laval and was followed with the Le Namur development in Place de la Savane in Montréal," said in turn Normand Bélanger, President and Chief Executive Officer of Fonds immobilier de solidarité FTQ.

About Habitations TrigoneFounded in 1991, Habitations Trigone is a residential construction firm focused on providing living spaces accessible to all. With a commitment to excellence, the company grew rapidly on Montréal's North and South Shores to meet the growing needs of a booming market. As specialists in TOD housing projects, Habitations Trigone creates independent, self-contained and safe neighbourhoods while promoting sustainable green living. The company has built over 12,000 units and has become a leader in integrated residential development. www.habitationstrigone.com

About Fonds immobilier de solidarité FTQCreated in 1991, the Fonds immobilier de solidarité FTQ promotes economic growth and employment in Québec by strategically investing in profitable and socially responsible real estate projects in partnership with other industry leaders. The Fonds immobilier backs residential, office, commercial, institutional and industrial projects of all sizes across Québec. The Fonds immobilier is a member of the Canada Green Building Council.